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424B2: Prospectus

SEC announcement ·  17:24
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Digital Contingent Buffered Notes linked to the S&P 500 Index, with a maturity date of August 28, 2025. The notes offer a minimum return of 7.13% if the S&P 500 Index does not fall below 75% of its strike level. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are designed for investors willing to forgo interest and dividend payments and accept the risk of losing some or all of their principal if the index falls more than 25% below the strike level. The notes have a minimum denomination of $10,000 and are in multiples...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Digital Contingent Buffered Notes linked to the S&P 500 Index, with a maturity date of August 28, 2025. The notes offer a minimum return of 7.13% if the S&P 500 Index does not fall below 75% of its strike level. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are designed for investors willing to forgo interest and dividend payments and accept the risk of losing some or all of their principal if the index falls more than 25% below the strike level. The notes have a minimum denomination of $10,000 and are in multiples of $1,000 thereafter. The pricing supplement is subject to completion and is dated July 26, 2024, with the original issue date expected around July 31, 2024. The notes are not bank deposits and are not insured by any governmental agency. Investing in the notes involves risks, as detailed in the prospectus supplement and product supplement. The SEC has not approved or disapproved the notes, nor have they passed upon the accuracy or adequacy of the pricing supplement.
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